On February 28, 2012, the board of directors of New Century Bancorp Inc. elected J. Larry Keen, Ed.D., to its board of directors. Dr. Keen is the current President of Fayetteville Technical Community College, which is a role Keen has held since August of 2007. Effective on February 29, 2012, Watson G. Caviness retired from his position as a member of the board of directors of the company.